thats a C rom problem.
first you should clean the CHA board contacts with a pencil rubber.
if that doesn´t work check both PB C roms for broken solder points.
S controls sprites for the z80, see that the credit, highscore and level sprites are still working.
M has the sound program for the Z80 that is used primely as the sound controller.
you can also check the CHA board for bad traces.
Looks like you have a PB with a sacced cart, only C5 and C6 are PB roms, C1 to C4 are unused since they belong to another game.
hit the c roms ground pins with a hot soldering iron. this how i fixed a cart with simular graphic glitches.
when i say hit i mean heat the solder on the ground pins and let it cool again
ok i will try that first.
concerning the neo 273 how can i check it?